Market Trends of US Sustainable Furniture Industry
This section covers the major market trends shaping the US Sustainable Furniture Market according to our research experts:
Residential Sector Driving the Market
The US market for sustainable furniture was dominated by residential applications. The adoption of sustainable furniture in residential areas has been significantly affected by growing consumer knowledge of sustainable furniture manufacture. The demand for sustainable furniture for interior decorating is also being driven by consumer preferences toward avoiding single-use plastic.
Rising Consumer Expenditure on Furniture Products is Driving the Market
With the increasing number of consumers shifting their preference towards quality and stylish furniture products due to higher disposable income and better lifestyle requirements, the furniture market in the United States is expected to witness stronger growth in terms of domestic furniture sales and international furniture exports. The average annual expenditure on furniture per consumer unit has a healthy growth of the market. The trend is expected to continue in the forecast period, overcoming the COVID-19 adverse effect on the country's economy.
